Podcast: New tools for arresting rising tide of check fraud

The OCC has finalized a rule that amends its chartering regulations to clarify that national banks with trust powers are not limited to performing fiduciary activities.

Regulators said they expect to repropose the Basel III endgame capital requirements by the end of March and fielded questions about the possible effects of stablecoins on bank deposits.

The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on paying interest or yield on payment stablecoins.

The RTP network processed 2.05 million payments earlier this month and reached a single-day value record of $8.36 billion a few days later, network operator The Clearing House said.

Most small businesses are already using AI in some form and expect it to deliver meaningful productivity gains and lower labor costs, according to a new survey by Tri Counties Bank in Chico, California.

Out of the 1,900 ATM jackpotting incidents reported since 2000, more than 700 occurred last year alone, resulting in roughly $20 million in losses, the FBI said in a new alert.